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20121201
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. with millions of americans unemployed this simply makes no sense. stephen moore, senior writer for "the wall street journal." how are you doing, steve? good morning. >> hi, bill. bill: they're saying 43,000 jobs because of this. what, a latex glove gets taxed? i thought it was just like on mri machines and big items like that? >> actually, no. thank you for doing this segment because a lot of americans don't realize when the president calls for all the new taxes in the fiscal cliff negotiation, mr. president we already have a big tax increase that will hit on january 2nd. that of course is the obamacare taxes. you mentioned one of them, the tax on medical devices and medical equipment, bill, which i agree with, congressman price. that will reduce innovation and will reduce the kind of invention and new products we need to keep people healthier. in addition to that, bill, don't forget there is something called 3.8% investment tax surcharge in the obamacare bill that starts in january. one of the things that the president says is a little misleading i will only raise tax rates back where they
're not in the union. stephen moore, "wall street journal." who would be next? >> there are a number of states neighbors to michigan really looking at this legislation. i'll name a few to you, bill. pennsylvania, ohio, west virgina, states like that are competing against southern states. remember a lot of jobs and a lot of manufacturing has moved from the midwest, the kind of rust belt of america to the south in part because those southern states are right-to-work. can i mention one other thing if i could, bill, about this issue that is important? bill: sure. >> there is so much misinformation what it means to be a right-to-work state. i want your viewers to know this, if you're a right-to-work state it does not ban unions, bill. simply means that workers who work for a unionized company have the right as an individual to join the union or not. it does not ban unions. bill: to be more specific, if you're not a member of a union, in michigan you're required to pay union dues. >> that is exactly right. bill: under this law you're no longer required to pay dues for something you're not gets servi
, texas. mayor moore passed away last week after 63 years as richmond's mayor. he was a true texan, a straight shooter who loved his family, good conversation, quayle hunting, ranching -- quail hunting, ranching and texas longhorn football. the last time i talked with mayor moore was richmond's 175th anniversary. my speech was interrupted by trains roaring by. the trains did not dare to interrupt mayor moore. i asked him, how can i do that? he said, give it time. give it time. he gave richmond time. the time of his life. i yield back the balance of my time. the speaker pro tempore: for what purpose does the gentleman from california seek recognition? >> to ask unanimous consent address the house for one minute and to revise and extend my remarks. the speaker pro tempore: without objection, the gentleman from california is recognized. >> mr. speaker, i rise today to announce the discovery of a new break through in mathematics of the theory of vector bundles. part of the interest comes from its application to quantum mechanics, the theory that makes modern electronics possible, and p
florio. and heidi moore. finance and editor of "the guardian newspapers. and dean baker, author of "the end of loser liberalism, making markets progressive." codirector of the center for economic and policy research. so, after at least after a dozen different public offers, countless press conferences and weeks of closed car door talks lawmakers in washington left town for the holidays on friday without an agreement to avert what we're calling the fiscal curb. a series of automatic tax increases and spending cuts to take affect a week from now. a moment this week, the two sides seemed on the cusp of a deal. that would have involved at least one major concession from president obama. to cut social security benefits. the cuts wouldn't have been direct. they would have come from a tweak to the way the social security benefits are calculated. here's how it works. right now the amount of money a retireee gets from the government gets is changed due to the index. when inflakes goes up, social security recipients see their payments go up the same amount to keep up with the cost of living. obam
of the processors and storage. by the way in storage there's something called moore's law in processing, storage the greater change is double every nine months than 18 months. twice the rate. so but the point is in the technology world you have to think about the companys producing innovation not producing products and services in order to stay ahead of the curve. >> jonathan, you want to pick up on this? >> i'm sorry. i'm a philosopher. i don't know how to innovate. and what strikes me about innovation, of course, is that -- this is something the president gave us a good example a few minutes ago, retroviruses and basic medical science turned into very important, as part of the treatment, and understanding of hiv-aids. years later. if you think of the internet it was packet switching, then turned into the internet and finally the web. there's a myth about americans that we only care about application n fact we are the most effective basic science producers in history. now, the founders, to use an overused cliche, had innovation in their d.n.a. the articles of confederation required standards of
Search Results 0 to 5 of about 6 (some duplicates have been removed)